Press Release

Augmented Reality Market 2020 Recent Industry Developments and Growth Strategies Adopted by Top Key Players Worldwide and Assessment to 2026

Top Players in Augmented Reality (AR) Market include Alphabet Inc., Apple, Microsoft, Samsung Electronics, DAQRI, Vuzix Corporation, Facebook

The  augmented reality market is predicted to reach USD 125.32 billion by 2026, exhibiting a CAGR of 48.6% during the forecast period. The growing application of AR in various industries for monitoring and training purposes will bolster the healthy growth of the market during the forecast period. AR can enhance the effectiveness of training, especially for complicated or rare tasks, besides reducing the overall cost. Therefore, organizations around the world are utilizing AR to educate and train employees with its immersive solutions, and interactive training environment. For instance, the US Department of Agriculture’s (USDA’s) Food Safety and Inspection Service (FSIS) have started the implementation of digital reality, which includes AR and VR for training programs.

According to the report, published by Fortune Business Insights, titled “Augmented Reality (AR) Market Size, Share & Industry Analysis, By Component (Product, Software, Maintenance & Support Services), By Device Type (Handheld Devices, Stationary AR Systems, Head-mounted Displays (HMDs), Smart Glasses, and Others), By Industry (Gaming, Media and Entertainment, Education, Healthcare and Medical Devices, Retail, Logistics, Manufacturing and Engineering, and Others) and Regional Forecast, 2019-2026” the market size stood at USD 5.40 billion in 2018.

The Report Lists the companies in the Augmented Reality Market

  • Alphabet, Inc. (Google LLC)
  • Microsoft Corporation
  • Apple, Inc.
  • Samsung Electronics Co. Ltd.
  • Daqri LLC
  • Vuzix Corporation
  • Facebook, Inc.

 

Request a Sample Copy for more detailed Augmented Reality Market Overview: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/augmented-reality-ar-market-102553

Regional Analysis

Government Initiatives to Aid Growth in North America

North America generated a revenue of USD 2.12 billion in 2018 and is predicted to remain dominant during the forecast period owing to the presence of various companies such as Google LLC, Facebook, Inc., and Apple, Inc. Furthermore, the rising R&D investment in the development of the augmented reality in the U.S.  The implementation of various government initiatives and startups for advanced AR technology will create new opportunities for the AR/VR market trends in North America. Asia Pacific is predicted to grow rapidly in the forthcoming years owing to the presence of leading market players such as Samsung Electronics, PTC, Inc., and Sony Corporation. Additionally, the growing sales of smartphones in China and India will facilitate growth in the region.

Major Table of Content for Augmented Reality Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Augmented Reality Market Analysis, Insights and Forecast, 2015-2026
  6. North America Augmented Reality Market Analysis, Insights and Forecast, 2015-2026
  7. Europe Augmented Reality Market Analysis, Insights and Forecast, 2015-2026
  8. Asia Pacific Augmented Reality Market Analysis, Insights and Forecast, 2015-2026
  9. Middle East and Africa Augmented Reality Market Analysis, Insights and Forecast, 2015-2026
  10. Latin America Augmented Reality Market Analysis, Insights and Forecast, 2015-2026
  11. Competition Matrix
  12. Global Augmented Reality Market Revenue Share Analysis, 2018
  13. Company Profiles (Covered for Top 10 Players)

Complete TOC Available Here

Purchase Full Report for Exclusive Augmented Reality Market Growth Forecast –  https://www.fortunebusinessinsights.com/checkout-page/102553

Other Exclusive Reports:

Video Surveillance Market to Exhibit 6.8% CAGR till 2026; Integration of Analytics in Network Cameras to Augment Growth

Cloud Analytics Market to Rise at 24.3% CAGR till 2026; Increasing Investment in Development of Efficient Cloud Platforms Will Aid Growth

Smart Building Market to Exhibit a CAGR of 12.6%; Increasing Smart City Projects to Aid Market Expansion

About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

Tags

Ruby Arterburn

Ruby is leading the team writing for artificial intelligence. She is a newcomer in the organization and has already made her base and reputation with her hard work and her efficiency towards her field. Being a student of computer science it has become easier for her to understand the objectives and the expected results of this column. She is also an excellent cook, and now and then, and we get the opportunity to taste her deliciously baked cookies.

Related Articles

Close